Business For Sale

Est. Local Grocery/Deli/Bakery & Butcher Shop

Not Disclosed, VA


Asking Price: Annual Revenue:
$195,000 $1,659,416

Food & Beverage: Grocery & Food Stores


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RE: Est. Local Grocery/Deli/Bakery & Butcher Shop Broker: Richard Halterman

Quick Facts

Asking Price: $195,000
Annual Revenue: $1,659,416
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: $795,000
Year Established: 1984
Employees: 22
BBN Listing #: 39864955
Broker Reference #: 2003-12492

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Business Overview:

A family owned and operated Grocery Store in the Shenandoah Valley that has been in the community for 30 years. The store carries household grocery items, a butchery as well as a deli/bakery inside. There are no other grocery stores located within the same zip code and it is in close proximity to major highways with strong traffic counts. This will be an asset sale. The option to purchase the Real Estate is a possibility.

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Property Features and Assets:

The Grocery operates out of a 10,500 square feet facility and is part of a strip center that houses several other businesses. The facility is well equipped with cold storage and warehouse space and a large retail display area. The location of the store is ideal for the area. Assets = $195,000

Market Competition and Expansion:

The store is the only Grocery store located within its zip code. There is a Dollar General located in close proximity to the store. There is some repetition of product between the two stores however the Grocery store has a much broader selection of product and was well established prior to Dollar General coming into town. The County where the store is located is pushing hard to develop more business in and around the store's location. The town has been a popular location for many residents because of its strategic location in the region. There are many large businesses and educational facilities located within minutes of the store's location.

Reason for Selling:

The current owners are looking to retire.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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